Slam Exploration drills 48 m of 0.97% CuEq at Goodwin

Executive Summary

• Slam Exploration Ltd. released assay results from the first three holes of its 2025 diamond drilling campaign at the Goodwin project, highlighting significant copper-nickel-cobalt intercepts.
• The Farquharson zone strike length was extended to 360 meters, with hole GW-17 reporting 0.97% copper equivalent over 48.00 meters.
• The company completed a total of 10 holes (2,603 meters) for the 2025 campaign and is planning airborne and down-hole electromagnetic surveys for the 2026 campaign.

Key Details

• Hole GW24-16 (Granges Zone): 2.40% copper equivalent (CuEq) over 4.50 meters.
• Hole GW-17 (Farquharson Zone): 0.97% CuEq over 48.00 meters.
• Campaign Summary: 10 NQ size core holes drilled for a total of 2,603 meters.
  • 1 hole on the Granges zone.
  • 9 holes on the Farquharson zone.
• Geological Update: The strike length of the Farquharson zone has been extended to 360 meters.
• Future Plans: Quotes requested from geophysics contractors for airborne and down-hole electromagnetic surveys to prepare for the 2026 drilling campaign.
• Assay Methodology:
  • Copper equivalent values assume mill recoveries of 90%.
  • Calculated using copper, nickel, cobalt, silver, and gold prices published Nov. 29, 2025, on Daily Metal Price.
  • Lengths represent drilled core intervals; true widths have not been determined.
• QA/QC Procedures:
  • Core logged in Bathurst, N.B.
  • Samples sawn, bagged, tagged, and delivered to Activation Laboratories Ltd. (Actlabs) in Fredericton.
  • Analysis method: UT7 (multielement analysis).
  • Overlimit results (>1%) reanalyzed using method 8-AR.
  • Blanks and standards included in each sample series.

Notable Quotes

• "Mike Taylor, PGeo, president and chief executive officer of Slam Exploration, is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release."